MasterCard has proposed the formation of a cross-industry group designed to foster collaboration and alignment between all stakeholders in the coming move to EMV “chip and pin” technology in the United States... More
Association
GlobalPlatform to put consumers in control of NFC mobile wallets
The secure chip standards body is working on a new approach to the management of NFC secure elements that would allow consumers to pick their own ‘trusted token’ and appoint their own secure service provider. More
US retailers back chip and pin
“The US payments industry should undergo a coordinated migration to chip and PIN transactions which should support a broad range of payment types (contact, contactless, dual interface, debit, credit, stored value, private and ‘white’ label, etc.) and devices (cards, mobile devices, fobs, etc.),” says the Merchant Advisory Group, a retailer trade association whose members include Walgreens, Walmart, Target, Sears, McDonald’s, Best Buy and Home Depot... More